Bank Index

CANADIAN IMPERIAL BANK OF COMMERCE

Bank · TORONTO, Canada · overall 5.2 / 10

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How this 5.2 is built

Average of 6 scored needs: 5.2. Regulation in Canada: 91/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 2 scores backed by filings or its own pages.

Canadian Imperial Bank of Commerce is recorded in the global register as a bank in TORONTO, Canada. The register names Office of the Superintendent of Financial Institutions (Canada) as its regulator and shows the licence as active. Established 1961. Collected from open registers.

Legal name
Canadian Imperial Bank of Commerce
Regulated by
Office of the Superintendent of Financial Institutions (Canada)
Licence confirmed
yes, on a regulator's own list
Established
1961
LEI
2IGI19DL77OX0HC3ZE78
Website
www.cibc.com

Scores, 0 to 10

8.5Financial strength & stability
· source
6.0Canada
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
5.5Cross-border payments, FX and multi-currency accounts
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
2.5Lowest fees
The bank's own page names the monthly account charge. Transfer and card prices were not read on that page, so this score speaks only for the monthly charge. It reads: “Monthly service fee $39 per month, per account” · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.